IWBank S.p.A. is an Italian online bank owned by Intesa Sanpaolo. The bank characterises its offer for economic convenience and high technological content.
Company type | Public |
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Industry | Banking |
Founded | 1999 |
Headquarters | Milan, Italy |
Key people | Dario Di Muro (CEO) |
Products | Banking stock brokerage Lease |
Revenue | € 85 million (2016) |
Number of employees | 305 (2016) |
Website | www.iwbank.it |
History
editThe bank originated from @Imiweb Sim, that Imi Bank started in 1999 as a trading service for its customers. In 2001 it became a bank with the name of Imiweb Bank.
In 2003 Centrobanca (BPU Group investment bank) took over 80% of Imiweb Bank, changing the name in IWBank and achieving an even balance. The management acquired a 29% stake in 2004 and the offer was extended.